EU-China Agreement on Customs Tariffs after Brexit
18 May 202696 views
Who is affected:
Import/export companies EU-China and foreign trade operators
Summary
The EU and China agree to adjust tariff quotas following the United Kingdom's withdrawal from the EU. This regulates the quantities of products that can be imported with reduced tariffs.
Detailed analysis
PRO
This bilateral agreement between the EU and China, negotiated under Article XXVIII of the GATT 1994, readjusts the tariff quotas of the EU's Schedule CLXXV following the United Kingdom's withdrawal. Brexit required the redistribution of previously agreed import volumes, as the EU market contracted. The agreement establ…
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